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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Megs Way, Braintree is a modern freehold house with 763 ft2 of internal area and sits on a 233 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Megs Way, Braintree is £309,231 and the estimated rental value is £1,311 per month.
Megs Way, Braintree, CM7 is located in the borough of Braintree within the CM7 postal district.
2, Megs Way, Braintree has 41 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated February 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Megs Way, Braintree is in very good condition we estimate a sale value of £324,693 and a rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,585 and a rental value of £1,219 per month.
Over the last 12 months the sale value of 2 Megs Way Braintree has decreased by an estimated £6,397 (2.1%) and its rental value has increased by an estimated £36 per month (2.7%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 2, Megs Way, Braintree sits on a plot of 233m2.
We have plot size data on 50 out of 52 other houses in the postcode and 2, Megs Way, Braintree sits on the 15th largest plot.
2, Megs Way, Braintree has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Megs Way, Braintree was last sold on 6th November 2014 for £201,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since November 2014, the market for similar properties has risen 36.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Megs Way, Braintree within a radius of 600 metres over the last 2 years.
The most recent example is 29, Megs Way, Braintree, CM7 3QP, a freehold house which sold for £315,000 on the 6th December 2024.
Read more about house prices in CM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Megs Way, Braintree, CM7 has a total of 58 addresses. According to our analysis of all the public data, 2, Megs Way, Braintree is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in CM7.
The closest station to 2, Megs Way, Braintree is Braintree Freeport station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Megs Way, Braintree, 40.1% of property is privately rented and 34.9% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Megs Way, Braintree, 16.1% of residents are recorded as possessing school level qualifications and 24.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Megs Way, Braintree, the average age was 39.4 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Megs Way, Braintree, 0.7% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Megs Way, Braintree, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
